The Cost Performance Index (CPI)

question 83

Multiple Choice

The cost performance index (CPI) :

• A)indicates that a project is under budget if CPI is less than one. 
• B)can be used to estimate the projected cost of completing the project. 
• C)indicates that the planned and actual costs are equal if CPI is more than one. 
• D)is the ratio of earned value to planned value.

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Definitions:

Rallying Point

A focus or event that unites and motivates a group of people towards a common goal.

Organizational Cultures

The shared values, beliefs, traditions, and practices that influence the way members of an organization interact with each other and approach their work.

Collective

A group or assembly of individuals that share common interests or goals, often working together towards a mutual objective.

Emotionally Charged

Referring to situations or topics that evoke strong feelings or emotional responses.